Now when we are all positively minded again I can share to you without spreading any FUDs that I’ve never been more pesimistic about Bitcoin’s near-term future as I was the past weeks.
I do not know why. But when we hit the hard bottom around $15k after the fall of FTX I was cheering and telling everyone that this is the hill I am going to die on with the smile on my face.
Now we consolidated around $60k, jist around 20% from ATH and I was like “Meh, it’s not looking good”.
It started just after the halving, with Runes again fucking up the blockchain fees, Samourai Wallet attack, realizing we are clearly in a war for our rights for privacy and thoughts about it not looking good as I didn’t see any clear push-back against it. I have a sole fear in Bitcoin space and that is too strong regulatory capture that it will eventually seize to fullfill Bitcoin’s purpose. In my point of view we’ve never been closer to fail. Or am I totally wrong?
Shill me some positive thoughts about Bitcoin, meme me to death, show me some examples of Bitcoin development so it’ll brighten up my attitude.
Thanks.
#bitcoin #privacy #war #grownostr #asknostr #plebchain #regulatory #capture
HolySats
npub1wx…mlej2
2024-05-17 16:06:04
Author Public Key
npub1wxxm0rme8wglmtq8f060xshtdlvtgryz46huldhm0nx59xru37yshmlej2Published at
2024-05-17 16:06:04Event JSON
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"content": "Now when we are all positively minded again I can share to you without spreading any FUDs that I’ve never been more pesimistic about Bitcoin’s near-term future as I was the past weeks. \n\nI do not know why. But when we hit the hard bottom around $15k after the fall of FTX I was cheering and telling everyone that this is the hill I am going to die on with the smile on my face. \n\nNow we consolidated around $60k, jist around 20% from ATH and I was like “Meh, it’s not looking good”. \n\nIt started just after the halving, with Runes again fucking up the blockchain fees, Samourai Wallet attack, realizing we are clearly in a war for our rights for privacy and thoughts about it not looking good as I didn’t see any clear push-back against it. I have a sole fear in Bitcoin space and that is too strong regulatory capture that it will eventually seize to fullfill Bitcoin’s purpose. In my point of view we’ve never been closer to fail. Or am I totally wrong?\n\nShill me some positive thoughts about Bitcoin, meme me to death, show me some examples of Bitcoin development so it’ll brighten up my attitude.\n\nThanks. \n\n#bitcoin #privacy #war #grownostr #asknostr #plebchain #regulatory #capture",
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